FCXFreeport-McMoRan Inc.

$87B

Q4 2019 Earnings

Basic Materials Copper

Income Statement

Revenue

$3.8B+2.4% YoY

Gross Profit

$399M10.5% margin

Operating Income

$280M7.3% margin

Net Income

$8M0.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+18.8%

Cash Flow

Operating Cash Flow

$170M

Free Cash Flow

-$555M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$40.8B

Total Liabilities

$23.4B

Stockholders' Equity

$9.3B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.7B	+2.4%
Gross Profit	$399M	$427M	-6.6%
Operating Income	$280M	$312M	-10.3%
Net Income	$8M	$137M	-94.2%

Revenue Segments

Rod and Refining Segment

$3.3B49%

Grasberg Segment

$2.0B30%

Morenci

$1.4B21%

FCX Q4 2019 Earnings — Freeport-McMoRan Inc. Revenue & Financial Results | Market Cap Arena